The Trade Performance Index is an indicator of international competitiveness ranking 189 countries in 14 macro-sectors. It takes into account not only the absolute value of trade, but also the size of markets and their specializations, as well as, if any, their weak points resulting from excessive concentration on a few products or on a few importing countries.
Again in 2014 Italy ranked first in 3 sectors (Leather products, Clothing, Textiles), second in another 5 sectors (Non-electronic machinery, Basic manufactures, Transport equipment, Electronic components, Miscellaneous manufacturing), and improving its position in Processed food, where it ranked sixth.
Italy confirmed its position as the second best performing country after Germany – which ranks first in eight sectors and second in one - thus outdoing China, South Korea, Japan and France whereas the USA and the United Kingdom perform less brilliantly among the most developed countries.
(Source: Source: Elaboration by Ministry of Economic Development and Fondazione Edison on International Trade Centre data)